We are seeking an experienced Assistant Finance Manager to support the CFO and lead all f inance operations across our UAE & Branch retail network.
This role oversees branch finance teams ensures strong financial controls manages cash flows and working capital and leads the central inventory management function.
The Assistant Finance Manager plays a key role in driving store profitability improving margin performance and ensuring accurate and timely f inancial reporting for both branches and Head Office.
Key Responsibilities Bookkeeping & Accounting
Manage end-to-end bookkeeping activities ensuring accuracy and compliance.
Maintain general ledger journal entries and reconciliations (bank vendor customer).
Ensure timely recording of all financial transactions. Branch Finance Leadership
Lead and supervise all branch finance teams across GCC
Ensure daily sales reconciliation payments cash handling store expenses and monthend closing are completed accurately and on time. Review branch P&Ls analyse variances and guide teams on corrective measures.
Enforce finance SOPs and strengthen controls across cash stock and expenses. Profitability & Performance Management Monitor and improve store profitability by reviewing gross margins shrinkage supplier funding stock ageing and operating expenses. Consolidate store-wise and category-wise performance for management review.
Work closely with Operations and Commercial teams to support pricing promotions and margin improvement plans. Balance Sheet & Cash Flow Oversight
Manage key UAE & Branch balance sheet components-inventory payables receivables accruals provisions and intercompany balances.
Ensure strong cash-flow discipline across branches including daily deposits credit card settlements and fund movements.
Improve working capital efficiency by optimising stock holding payment cycles and ageing levels. Central Inventory Control
Lead central inventory control and coordinate with branch inventory teams.
Oversee GRN/PO matching stock accuracy variance investigation stock ageing reviews and shrinkage reporting.
Ensure proper stock governance for stores and warehouses and drive reduction of aged/slow-moving inventory. HO Financial Operations & Reporting
Oversee HO finance functions including journals reconciliations payments and month-end closing. Prepare consolidated monthly financial statements dashboards and performance reports for senior management.
Support internal and external audits with complete documentation and schedules.
Ensure compliance with internal controls finance policies and IFRS standards. Requirements
3 to 4 years or five years experience preferably in retail or Intermediate or CA/CPA qualification preferred.
Strong ERP experience; SAP exposure is a strong advantage.
Experience in Big 4 firms (mandatory) Proven experience leading teams and managing multi-branch finance operations. Strong analytical skills with the ability to identify gaps and recommend improvements. Excellent communication leadership and stakeholder management skills. Exposure to process improvement / finance transformation projects Key Attributes Strong ownership and accountability. Deep understanding of retail financials and stock processes. High integrity accuracy and attention to detail. Ability to work cross-functionally with Operations Commercial Supply Chain and IT.
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